Main Street Registry

Bradbury Concrete LLC

Blackwood, NJ · Funeral Homes and Funeral Services · NAICS 812210

Bradbury Concrete LLC, located in Blackwood, NJ, is classified under the SBA industry description Funeral Homes and Funeral Services (NAICS 812210). The business was financed with an SBA 7(a) loan for a change of ownership in the amount of $1,250,000, approved on January 10, 2024, by Firstrust Savings Bank.

SBA 7(a) loan, change of ownership, approved Jan 10, 2024

$1,250,000 approvedLender: Firstrust Savings Bank10 years termStatus not reported (SBA exemption)Loan details
Gross approval
$1,250,000
SBA-guaranteed amount
$937,500 (75% of the approval)
Lender
Firstrust Savings Bank, Conshohocken, PA
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
10.5%, variable
Term
10 years (120 months)
Estimated maturity
January 10, 2034 (estimated, approval date plus term)
Estimated monthly payment
$16,867 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Feb 29, 2024
Loan status
Status not reported (SBA exemption)
Jobs supported
1
Business type
Corporation
NAICS
812210, Funeral Homes and Funeral Services
Project location
Camden County, NJ
SBA district office
New Jersey District Office
Congressional district
NJ-01
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)
  • Larger than 35% of acquisition loans in Funeral Homes and Funeral Services on this site.
  • Average acquisition loan in Funeral Homes and Funeral Services: $1,957,192.
  • Average acquisition loan in New Jersey: $1,626,307.

Loan amounts are the SBA approval, not a purchase price. Figures labeled estimated are derived on this site and are not published by the SBA.

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Same industry in New Jersey